Sensex gains 232 pts, Nifty near 19,560; pharma and IT stocks jump

Domestic equities traded higher on Monday, amid mixed global cues. BSE benchmark Sensex gained 232.23 points, or 0.35 per cent higher at 65,953.48, while broader NSE Nifty50 gained 81.35 points, or 0.42 per cent to close the session at 19,598.35.
Apart from Nifty Midcap Select, all broader market indices closed in green, while India Vix soared 4.96 per cent. Nifty Midcap 100 gained 0.49 per cent, Nifty Midcap 150 climbed 0.47 per cent, Nifty Smallcap 50 gained 0.44 per cent, and Nifty Largemidcap 250 jumped 0.42 per cent.
Sectorally, PSU Bank index fell 0.42 per cent, followed by Nifty Media at 0.17 per cent, and Nifty Metal at 0.11 per cent. Meanwhile, Nifty Healthcare Index soared 2.11 per cent, pharma gained 1.65 per cent, IT jumped 1.10 per cent, and Nifty Realty gained 0.54 per cent.
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M&M, Divis Lab, SBI Life, Sun Pharma, LTI Mindtree, Adani Ports, Grasim, Hindalco, Bajaj Finserv, TCS, Infosys and Hindustan Unilever were the top gaining stocks in today’s session.
On the other hand, Cipla, Britannia, Bajaj Auto, SBI, Tata Motors, Axis Bank, ONGC, Bajaj Finance, Tata Steel, Kotak Mahindra Bank, Coal India, and Eicher Motors were the top losers today.